Security Liquidation & Proceeds
Note: This page does not apply to savings bonds, TreasuryDirect accounts, or Legacy Treasury Direct accounts. For information or questions related to these subjects, please select “Contact Us” at the top of this page.
The Secretary of the Treasury’s authority to dispose of or liquidate securities (obligations) is pursuant to 31 U.S.C. § 324. Subsequent redelegations and directives are listed:
- Reporting Relationships and Supervision of Officials, Offices and Bureaus, Delegation of Certain Authority in the Department of the Treasury, Treasury Order 101-05, February 19, 2008
- Disposal of Obligations, Including Bonds, Notes or Other Securities; Redelegation of Authority, Fiscal Assistant Secretary to the Commissioner, Bureau of the Fiscal Service, Treasury Directive 16-21, November 20, 2000
- Bureau of the Fiscal Service, Treasury Order 136-01, October 7, 2012